Bridge Loans in Montrose, Colorado

Montrose, CO has 50 hard money lenders operating within the city. Loan amounts average about $295,834. Interest rates on private loans made to Montrose investors average around 11.2%. The average term for notes is 18 months. The average origination fee for loans is 3.4 points. Lenders offer on average a 76% loan to value on loans in Montrose.

Loan Example 1

Crystal finds a condo in Montrose, CO to remodel and sell. Since she does not have enough cash available to purchase the $150,000 project outright, she takes out a hard money bridge loan from Red View Investment Corporation. The terms of the deal include a 60% loan to value (LTV), so she must bring 40% of the price as cash at closing, which makes the principle note amount $90,000. The terms of the loan dictate a 13% note for 12 months. They also require a 1 point origination fee, which will also have to be paid at closing.

Crystal will have to bring a total of $32,400 upon closing to cover the $60,000 down payment in addition to the $900 origination fee. Once the deal is executed and Crystal takes on the property, she will begin making payments each month of $975 to Red View Investment Corporation ($90,000 principle x 13% / 12 months). If Crystal sells the property for $225,000 after 12 months, she would then realize a gross profit of $62,400 after deducting the original principle of $90,000, the funds paid at closing of $60,000, the origination fee of $900, and the aggregate interest payments of $11,700. This gross profit does not account for rehab costs.

Loan Example 2

Calvin is a real estate investor in Montrose, CO. He buys an older townhouse for a renovation project and takes out a hard money bridge loan from Superior Investment Group with the following features:

Layla Capital is a direct, private bridge lender headquartered in New York, NY, and focused on making loans all around the East Coast and other major cities throughout the continental U.S.Layla provides loans ranging from $750,000 to $15,000,000 on property ...

A diverse portfolio of lending services, an experienced in-house underwriting staff, and theability to tailor financing options to a client's individual needs have made Global CapitalPartners a household name in New York's commercial lending industry. Global Capital Partnershas long provided ...

Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $6.6 Billion life-to-date in total loan volume to real estate ...

LendingHome Corporation is a San Francisco, CA based private money lender providing loans in 25 states throughout the United States. They provide buy and hold loans, short term loans, and fix and flip loans. They issue ...

Visio Lending is a hard money lender based in Austin, TX providing loans in 39 states throughout the United States. They provide short term bridge loans, commercial loans, and fix-and-flip hard money loans. They provide rates ...

Taylor Mortgage Group is an Elizabeth, CO based hard money lender who offers funding throughout Colorado. They offer lending solutions for many different situations, including fix-and-flip hard money loans, ground up construction loans, private commercial loans, and bridge ...

Based in Atlanta, GA, Angel Oak Prime Bridge is an asset-based lender offering loans throughout Georgia. They provide loans for many different scenarios, including fix-and-flip hard money loans, short term bridge loans, construction loans, and investment property loans. ...

Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country. They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...

Fairfield Financial Services is private lender headquartered in Portland, OR. They provide funding in 11 states across the United States. They offer private commercial loans, hard money refinancing, fix-and-flip hard money loans, and short term bridge ...

Patch of Land is an asset-based lender based in Los Angeles, CA offering funding all throughout the US. They offer short term bridge loans, private commercial loans, long term rental property loans, refinancing, and fix and flip loans. ...

T&M Commercial Funding is an Auburn, ME based private lender who provides loans in 47 states across the US. They provide lending solutions for a variety of situations and needs, including bridge loans and commercial hard money loans. ...

Temple View Capital is private lender headquartered in Bethesda, MD. They provide loans in 20 states throughout the US. They provide short term fix and flip loans, cash out loans, private commercial loans, loans for rental properties, ...

Aero Capital Finance is a Kissimmee, FL based private lender. They provide loans in 18 states throughout the United States. They offer loans for a variety of scenarios, including private refinancing, fix and flip loans, hard money loans ...

Headquartered in Wheat Ridge, CO, Pine Financial Group is a private money lender offering loans in Colorado and Minnesota. They offer fix and flip loans, short term loans, and long term rental property loans. Their loan guidelines ...

Stratton Equities is the Nationwide leading hard money lender. We are passionate about helping small business owners, contractors, and Real Estate investors, swiftly and efficiently finance their investment goals. We customize our hard money loan programs for each unique project ...

Based in Aon, CT, Capital Three Sixty is an asset-based lender providing loans in 15 states across the United States. They provide lending solutions for a variety of scenarios, including hard money loans for commercial properties, loans for investments ...

Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new ...

Heartland Capital Group is an asset-based lender in Addison, TX providing funding throughout Texas, Arizona, New Mexico, Utah, and Colorado. They offer lending solutions for a variety of scenarios, including commercial loans, short term loans, and cash ...

Cherrywood Commercial is a Diamnond Bar, CA based private money lender who provides loans in 48 states throughout the United States. They provide lending solutions for many different situations, including short term bridge loans and commercial hard money loans. ...

Based in Newport Beach, CA, Arch Bridge Loans is a hard money lender providing funding in California and Colorado. They provide loans for many different situations and needs, including fix and flip hard money loans, hard money loans for ...

Broakmark Real Estate Management is a Denver, CO based private money lender who provides loans in Arizona, Texas, Colorado, Wyoming, and Utah. They provide lending solutions for many different needs and situations, including cash out hard money loans, ...

Island View Private Loan Fund is a hard money lender based in Colorado Springs, CO offering funding in 42 states across the US. They offer lending solutions for a variety of situations and needs, including fix and flip hard ...

Render Capital Group is a Hobart, IN based hard money lender. They offer loans in 15 states across the country. They offer loans for a variety of scenarios, including commercial hard money loans, hard money bridge loans, ...

Hurst Lending is hard money lender based in Dallas, TX. They offer funding throughout Colorado, Florida, Georgia, and Texas. They offer short term loans, loans for investments properties, commercial loans, and short term fix and ...

Mountain States Home is a Lone Tree, CO based hard money lender. They offer loans throughout Colorado. They offer lending solutions for many different scenarios, including fix and flip loans and short term bridge loans. Their loan ...

Investors Choice Funding is private money lender based in Louisville, CO. They offer loans throughout Kansas City, Kansas City, Omaha, and Lincoln. They provide loans for a variety of situations and needs, including commercial hard money ...

Based in Boulder, CO, Aloha Capital is an asset-based lender offering funding in Washington DC, Maryland, Virginia, and Colorado. They offer loans for many different needs and situations, including long term rental property loans, hard money bridge loans, ...

Headquartered in Salt Lake City, UT, Taylor Derrick Capital is a hard money lender offering funding in 10 states across the country. They provide lending solutions for a variety of scenarios, including commercial loans, loans for rental properties, hard ...

Payette Financial Services is a Boise, ID based hard money lender offering loans in 10 states throughout the United States. They provide loans for a variety of needs and situations, including short term fix and flip loans, cash out ...

ICG10 Capital is private lender headquartered in Aventura, FL. They offer loans in 44 states throughout the United States. They offer loans for many different scenarios, including short term loans, buy and hold loans, short term fix ...

Allied Commercial Funding is private lender headquartered in Agoura Hills, CA. They provide funding in 43 states throughout the US. They provide lending solutions for a variety of situations and needs, including hard money loans for commercial ...

Headquartered in Miami Beach, FL, YC Funding is an asset-based lender offering loans in 23 states across the United States. They offer construction loans, cash out loans, buy and hold loans, short term bridge loans, fix and flip hard ...

Based in Colorado Springs, CO, Red Rock Capital is a private money lender providing loans in 42 states across the United States. They offer construction loans, bridge loans, fix-and-flip loans, and loans for investments properties. Their loan ...

Private Money Utah is a Salt Lake City, UT based hard money lender who provides loans throughout Chicago. They provide lending solutions for many different situations, including short term fix and flip loans, construction loans, commercial hard money loans, ...

Based in Johnson City, TN, Riverdale Funding is a hard money lender offering loans in 37 states across the country. They provide lending solutions for a variety of scenarios, including loans for investments properties, commercial hard money loans, fix ...

CIVIC Private Money Lending is a Redondo Beach, CA based hard money lender offering funding in 10 states throughout the country. They provide loans for a variety of scenarios, including private refinancing, fix and flip hard money loans, hard ...

Headquartered in Neenah, WI, Peak Choice Capital is a private lender providing funding in 45 states throughout the US. They offer short term bridge loans, buy and hold loans, cash out loans, fix-and-flip loans, and private commercial loans. ...

LendingOne is a Boca Raton, FL based private money lender. They provide loans in 41 states throughout the country. They provide loans for investments properties, short term loans, and short term fix and flip loans. They ...

Inca Capital is a Scottsdale, AZ based private lender who offers loans in Arizona, Colorado, California, and Nevada. They offer long term rental property loans, fix and flip hard money loans, short term loans, hard money loans for ...

Omega Funding is a hard money lender headquartered in Denver, CO providing funding in 8 states throughout the US. They provide hard money loans for commercial properties, short term loans, and refinancing. They provide terms between ...

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